2018 Inaugural iREOC Annual Meeting

• Define the REOC partnership investment marketplace.
• Examine and discuss key differentiators between different groups and models such as investors, operators, investment managers and hybrid platforms, etc.
• Review iREOC’s REOCtracker survey and REOC Partnership Investment Guide. What data points should be added, dropped or revised?
• Governors will be asked prior to the event to help define the issues, concerns and questions that are most important to them with respect to their membership and participation in the iREOC. At the event, we will take a closer look and discuss those that represent the most common issues, concerns and questions. The objective here will be to provide a framework for developing educational programming ideas for future events that will best satisfy the needs of our constituents. In the process, we hope to provide everyone with greater insight and perspective to enable them to better understand the needs and concerns of their partners and, in doing so, be in a better position to expedite deal flow, reduce friction and raise both productivity and profitability.

This will be an open forum to help identify the skill sets individual sectors of the iREOC membership are hoping to acquire or enhance in the future through participation in iREOC training programs and workshops. The objective here, again, will be to provide a framework for developing training program ideas for future events that will best satisfy the needs of our constituents.

Town Hall Meeting is designed to be an open forum for interaction between the Board of Governors and the general iREOC membership the Board represents.

Objective: To deliver high-level presentations, panel discussions and interactive roundtable sessions that will promote creative thinking about potential solutions to the problems confronting the real estate investment industry, in general, and the formation and operation of joint venture operating partnerships, in particular.

Who attends and participates: Staff from all member firms. The focus of this day is on relationship building and knowledge. This day program is relevant to all members to gain a broader view of the market and has specific sessions that are geared for capital fund raising, partnership formation and operational personnel.

Wednesday, May 9, 2018

Moderator:
Doug Poutasse
Executive Vice President, Head of Strategy & Research
Bentall Kennedy

Panelists:
Tony Breault
Senior Real Estate Investment Officer
Oregon State Treasury

Anthony Frammartino
Principal
The Townsend Group

Judy McMahan
Portfolio Manager, Real Assets
UPS Group Trust

Eric Schlenker
Investment Manager
California Public Employees’ Retirement System

Discover where real estate fits relative to other asset classes? To what real estate strategies are investors allocating capital for 2018? What are investors’ return expectations? See how FundTracker can give you insights into capital flows, strategies, sectors, fundraising trends to help you analyze and develop your strategies. Plus, we will provide a snapshot of our REOC survey so you can see how the REOC marketplace is evolving.

Speaker:
Geoffrey Dohrmann, CRE
President & CEO
Institutional Real Estate Inc.

Moderator:
Scott Stuckman
Executive Managing Director
USAA Real Estate

Panelists:
Russell Dixon
Founder and Chief Executive Officer
RedHill Realty Investors, LP

Michael Maires
Senior Real Estate Portfolio Manager
Utah State Retirement System (URS)

Jeffrey C. Newman
Chief Financial Officer, Executive Vice President – Investments
IDS Real Estate Group

Moderator:
Suzanne West
Advisor
Belay Investment Group

Panelists:
Randy Fein
Principal and Founder
University Communities, LLC

Frederick J. McIntosh
Senior Vice President, Capital Markets
Carson Companies

Russell C. Platt
CEO
Forum Partners

Mitch Pleis
Portfolio Manger
California State Teachers’ Retirement System

Moderator:
Owen DeHoff
Partner
Jasper Ridge Partners, L.P.

Panelists:
Mark Canavan
Senior Portfolio Manager
New Mexico Educational Retirement Board

Brian Combs
Associate
BLG Capital Advisors

William Gerrity
Managing Partner
Gerrity Group

Lawrence N. Taylor
Chief Executive Officer and President
Christina Development Corporation

Thought leaders from the real estate investment, technology and consulting worlds discuss how the three worlds are intersecting, why and what’s likely to come. Questions that the panel will discuss include: How are investors changing their expectations of managers and operators and their ability to gather, leverage and provide data?  How have investor expectations related to transparency and reporting evolved and how will they likely continue to evolve? How is the technology landscape changing and helping with the interchange of data? What can and should organizations do to get better at gathering and putting data to work? Where is this all going and how is it good for the industry?

Note: Thursday’s Workshops will do a deep dive into examining details and ways to put data management into action in an interactive format.

Moderator:
John D’Angelo
Enterprise Managing Consultant
RealFoundations

Panelists:
Craig Blanchard
Managing Director
Makena Capital Management, LLC

Alex Robinson
Co-Founder and CEO
Juniper Square

Chris Shaida
Enterprise Managing Consultant and CEO
RealFoundations

Objectives of workshops are to:

Each of the following is designed to be hands-on training programs to help participants acquire and hone practical and actionable skills.

Thursday, May 10, 2018

Why you need to care about it, what are the components of a comprehensive data and information model, what new skills are required, and what should you be doing?

This session will discuss the challenges of gathering, leveraging and exchanging data among the Operators, Managers and Investors. We’ll talk about why coordinating and managing data flows is so important. We’ll review a comprehensive information model and drill down to the individual components that make up that model. This includes data definitions, what data standards (NCREIF and others) exist, what is data governance and why should you care, and where to get started.

Discussions will include what iREOC member companies are doing today and planning to do in the future, what new types of organizational skills and roles are required, how to find and leverage existing standards, and how we can more effectively work together to smooth the flow of information.

Who should attend: All senior level investors, investment managers and operators who are directly involved in data management at the organizational level.

Leader:
John D’Angelo
Enterprise Managing Consultant
RealFoundations

Participants:
Craig Blanchard
Managing Director
Makena Capital Management, LLC

Dan Dierking
President
National Council of Real Estate Investment Fiduciaries (NCREIF)

Michael Levy
CEO
Crow Holdings Capital Partners, LLC

Led by an experienced lawyer specializing in structuring and negotiating the spectrum of REOC partnership vehicles from specified one-off deals, to programmatic ventures, to vertically integrated operator/manager fund offerings. How are these vehicles appealing to different types of investors? How do terms compare for programmatic ventures and one-off deals to operator funds? This workshop focuses on the most important dos and don’ts, with case studies and practical checklists to help negotiators prepare and execute more productive negotiations from investor, investment manager and operator view.

Who should attend: All senior level investors, investment managers and operators who are directly involved in deals and structuring partnership investment vehicles

Leader:
Brian T. May
Partner
Mayer Brown

Participants:
John Kropke
Principal
The Townsend Group

Taylor Mammen
Managing Director
RCLCO

Andrew Silberstein
Partner
Almanac Realty Investors

Zak Stassi
Managing Director
Park Hill Real Estate Group, LLC